Finance of Biodiversity

Corina-Georgeta Dinculescu ()
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Corina-Georgeta Dinculescu: Institute of Agricultural Economics, Romanian Academy, Bucharest

Agricultural Economics and Rural Development, 2023, vol. 20, issue 2, 155-164

Abstract: The 2030 Agenda for Sustainable Development, adopted at the UN General Assembly in New York in 2015, then implemented by the European Union, respectively by Romania (through Romania’s Sustainable Development Strategy 2030), is a historic document, through its 17 goals, which promotes a sustainable future for all citizens. Structured on the three pillars of sustainable development – economic, social and environmental – it highlights one of the priorities of global sustainable development and a major concern of our time – environmental protection. Two of the Sustainable Development Goals of the 2030 Agenda – life on land and life in water – are found in the EU’s Biodiversity Strategy for 2030. This strategy is the cornerstone of nature protection in the EU, a key element of the European Green Deal. Biodiversity is disappearing at an unprecedented rate, with biodiversity loss and ecosystem collapse among the most important threats that humanity will face in the next decade. In this context, the EU member states must establish a series of commitments, objectives and appropriate specific measures to preserve the environment, substantially increase the allocation of financial resources necessary to achieve these objectives, so as to stop the loss of biodiversity. The objective of this approach is to highlight some aspects related to private and public financing for the protection of the environment and of biodiversity in Romania, based on statistical data. Evaluating public data sources, national concerns regarding the protection of the environment and biodiversity are highlighted, through specific indicators: national expenditures and investments for the protection of the environment, of biodiversity respectively, by categories of environmental services producers, by environmental domains, at European and national level

Keywords: environment; financial resources; biodiversity conservation (search for similar items in EconPapers)
JEL-codes: O13 P18 P48 Q57 (search for similar items in EconPapers)
Date: 2023
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